Fall/Spring Internal Audit Intern
Ø Develop an understanding of Internal Audit – the role and function within the organization – the value provided – interactions with management. This will be accomplished primarily through mentoring, research and self study of the standards and other materials related to the audit profession
Ø Assist the Senior/Staff Auditor in performing financial, operational or other audits in accordance with prepared audit programs within a given time budget. The work initially would primarily involve detailed tests of transactions (Sales Invoices, Credit Memos, etc.) under the guidance and direction of the Senior or Staff Auditor. As experience is gained, more advanced audit areas may be assigned
Ø Prepare detailed working papers supporting work performed, results obtained and audit issues generated
Ø Identify weaknesses, exceptions and other points for preparation of audit issues to be discussed in the closing conference at the end of the fieldwork
Ø Assist in the preparation of the draft audit report
Ø Develop an awareness of the tools available and used by internal auditors to: 1) visualize, define, and understand business processes, and 2) analyze and evaluate business transaction data. This will be accomplished by utilizing flowcharting software such as Visio during an audit to understand and communicate a complex business process(es), or developing and suggesting audit tests in specific assignments that will use the capabilities of Excel or ACL software for analysis of large transaction populations
Ø Develop an understanding of the corporate finance, accounting and treasury operations by exposing the intern to the daily, monthly and quarterly activities in those areas, and by assisting personnel in those areas in the performance of basic tasks that are critical to the operations. Examples include: daily cash reconciliations, review and verification of data files as the basis for consolidation and financial reporting, and regular collection / entry / consolidation / analysis of financial transactions and activities
Ø Develop an awareness of the importance and requirements of information technology supporting day to day business operations by working with network operations and support personnel to understand: the requirements of various departments at the local workstation level, e-mail communications and information exchange, the infrastructure and network aspects including storage and protection of information assets, and reporting options
Ø Other special projects as determined by the Senior Director of Internal Audit or the Internal Audit Supervisor
Ø Mid-level college student majoring in accounting (or related applicable field)
Ø Completion of an Audit Course(s) highly desirable
Ø Minimum G.P.A. of 3.0
Ø Excellent communication skills, both oral and written.
Ø Self starter w/career ambition.
Ø Additional possibilities with dual major or special interest in Information Technology
Ø Ability to travel overnight on an as-needed basis
Ø Strong PC skills, including Microsoft Office applications
Ø Interest in learning and applying audit software tools and computer assisted audit techniques
Performance Standards and Expectations:
Ø Compliance with all company policies, and standards on working hours, attire, etc.
Ø Demonstrated interest in learning and understanding the Company, and its’ segments and products
Ø Desire to work in a team environment to learn the value of different ideas and perspectives, and team consensus